Tag Archives: HMT

Pension tax transparency a long way off

    The malaise  with pension taxation goes much deeper than the immediate symptoms, the complexity of the Annual and Lifetime allowances, the obscurity of the money purchase annual allowance and the perversity of the running both net pay and … Continue reading

Posted in pensions, steve webb, Treasury | Tagged , , , , , , | 2 Comments

For everyone’s sake – let’s sort pension savings incentives this budget.

    Diversity is about including and it’s so important to pensions that we now have a minister of pensions and financial inclusion. A big part of the minister’s job is to create diversity – including not just men and … Continue reading

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Contractors can’t have their cake and eat our pensions too

  The Association of Independent Professionals and the Self-Employed have condemned Lloyds Banking Group’s decision to either scrap contractors or force them into umbrella companies. I think this unfair on Lloyds and unfair on the tax-payer. As anyone in reward … Continue reading

Posted in advice gap, auto-enrolment, pensions, Value for Money | Tagged , , , , , , , , | 2 Comments

Why the door’s slammed shut on open pensions.

During the week, AgeWage was invited to compete in the  Nesta Open Up Challenge. Nesta is funded by the UK lottery – they are an agency of change sponsored by the likes of you and me; As any entrepreneurial start-up … Continue reading

Posted in advice gap, age wage, Pension Freedoms, pensions, Start ups, Technology | Tagged , , , , , , , , | Leave a comment

So what’s unfair about a Pension Wealth Tax?

In this article I argue that any tax increases levied on the rich are ok by me, and I’m rich. The bias of vested interest The vast majority of people get tax relief on their pension contributions. Some people are excluded by … Continue reading

Posted in accountants, Henry Tapper blog, pensions | Tagged , , , , , , , , | 5 Comments

Schools staring into a pension “abyss”

  Contrary to indications that the Teachers’ Pension Scheme (TPS) employer contributions for 2019-20 would be set at 19.1%, schools have now been told  that the figure from September 2019 will be 23.6%. The Teachers Pension Scheme, along with all … Continue reading

Posted in accountants, pensions | Tagged , , , , , , , , , | 9 Comments

A pension dashboard for all?

I agree with Anthony Rafferty , CEO of Origo, that the dashboard isn’t just for those drawing to the close of their working (and saving) career. Rafferty writes in Professional Pensions Rafferty points out that to argue against dashboard, based … Continue reading

Posted in pensions | Tagged , , , , , , , | 4 Comments

Jealous of your parents? Screw their pension!

  The Government are to bundle up the outstanding student debt and sell it to pension and hedge funds. Simple message to kids, if you love your parents, pay your debt; if you want to screw them-don’t. Remember kids, your … Continue reading

Posted in pensions | Tagged , , , , , , | 4 Comments

A soft centered budget – (not as sweet as it sounded).

Sterling’s a great indicator of how experts really see a budget and yesterday Sterling fell against a basket of major currencies. We may have liked our sugar tax and our Lifetime ISA but the pound fell against the dollar and … Continue reading

Posted in pensions | Tagged , , , , , , , , , | 1 Comment

David Gauke on making tax digital

    This is the transcript of a speech given  by David Gauke, the  Financial Secretary to the Treasury at the Armstrong Watson event: ‘Essentials of pensions, tax and payroll in 2016’ I think the RTI project one of the … Continue reading

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